can anyone help with advice?

littlelady

:rolleyes: hello well the story goes like this -me and ex divorced ,hes got a charge on the house,and wants his money NOW for a extension on his house,so he is demanding it sold or i get him his money!I am on benefits with dependants ,equity in the house but ,which company will let me remortgage?IF ANY? on benefits.

Emmzi

He has a duty to provide a roof for his kids. He *might* not be able to force a sale or remortgage until they are older.

Are they his kids, how old are they?

What does your divorce settlement say about the house?

silvercar

I don't see that him having a charge on the property gives him a right to demand payment now.

Unless there is a specific agreement regarding when the house needs to be sold, his charge will mean he will get paid when (and only when) you sell.

If you remortgage to give him the money, your home will be at risk if at any time in the future you cannot keep up with the repayments.

poppy10_2

silvercar wrote: »

Unless there is a specific agreement regarding when the house needs to be sold, his charge will mean he will get paid when (and only when) you sell.

Agreed :money:

k1mmie

My friend has just arranged to change her mortgage. She spoke to a broker who was arranging it and sent the paperwork through the post. Next to the fees section it says 0.

She called the broker to ask about another fee that was on there £99 redemption, and was told she had to pay £275 as legal fees. When she said that this had not been mentioned she was told to take this up with the broker who claims it says on the next page that legal fees may be charged but a figure was not mentioned as they can vary. She argued that if it says nil next to that section that it should mean nil. What are her rights and is this correct?

toonfish

it depends what the legal fees are for - often non-standard things such as a transfer of equity, or changing the title deeds need to be paid for , they are not covered in the usual "free legals" remortgage work.